Taxing the Wealthy Will Never Suffice

"So when you put it all together, what you need is a package that keeps taxes where they are for middle-class families; we make some tough spending cuts on things that we don’t need; and then we ask the wealthiest Americans to pay a slightly higher tax rate. And that’s a principle I won’t compromise on, because I’m not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks, and then we’re asking students to pay higher student loans. Or suddenly, a school doesn’t have schoolbooks because the school district couldn’t afford it. Or some family that has a disabled kid isn’t getting the help that they need through Medicaid."
-- President ObamaRemarks at Daimler Detroit Diesel PlantRedford, MichiganDecember 10, 2012

Read more: http://spectator.org/archives/2012/12/11/taxing-the-wealthy-will-never